The situation in Japan is difficult to describe, the yen has collapsed, the market is in chaos, and the people are complaining. In the midst of the chaos in Japan, everyone began to question the government's measures: Why didn't they sell their US Treasury bonds to protect the yen? Why did they continue to buy US Treasury bonds as if they were hugging their thighs?
The United States is determined to engage Japan
Some bloggers believe that a large number of Chinese people are buying Japan
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I have to complain about Japan's handling of US Treasury bonds is really puzzling. The little partners in the market are in a hurry, the yen has fallen like this, and the government is still there to "not give orders", and the United States is what it says. In the face of the United States, the Japanese government is simply like a "son" and does not have the slightest autonomy. The people's doubts are understandable, after all, this is an emergency period, and there should be a sense of urgency.
What is even more chilling is the attitude of the Japanese government. When the yen exchange rate fell all the way, they came out to reassure the market and said that they would "pay attention to exchange rate fluctuations", but they did very little. Isn't this just the same as the helplessness of the sentence "The father wants the son to die, and the son has to die"? In the face of the country's major rights and wrongs, the government's inaction is really making people anxious!
The concerns of the Japanese people are not unfounded. In the face of such an economic situation, many people have begun to worry about whether Japan will be "colonized" again, after all, the lessons of 1945 and 1985 are still fresh in their minds. At times like these, every step of the government is extremely crucial. However, as things stand, it seems that the Japanese government is more concerned about its relationship with the United States than it is about actually solving the problem.
The current situation is that the weakening of the yen is affecting the daily life of every ordinary family, prices are soaring, the cost of living is rising, and the government is still there to "turn a blind eye". In this situation, it is inevitably disappointing. The Japanese government should take some concrete actions instead of continuing to survive under US pressure.